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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Tue, 15 Feb 2005 04:33:42 GMT
/ Author of the message: "Tyrone" |
Title of the message: |
Re: Florida real estate
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Text of the message: |
<seveneagles2004@yahoo.com> wrote in message news:1108383435.422276.110710@o13g2000cwo.googlegroups.com... > a friend of mine is heavily investing in Florida real estate to the > point that about 75% of his portfolio is invested in that enterprise. > I warned him to be wary and liquidate some of these properties in order > to re-balance his portfolio between real estate, securities, and liquid > assets. He's entrenched in his thinking that real estate has no place > to go but up. I reminded him of the high tech bubble where people had > the same vision only to get wiped out when the bubble burst. Real > estate may be a good investment but it's being traded now like stocks > which drives up its market value(pro tem)and I'm afraid that eventually > the prices are going to exceed the true value of these properties That has already happened. If you can't rent what you just bought for a |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.